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16 Dec 2019

From 1 Jan 2020 to 30 April 2020, the Companies Commission of Malaysia (CCM) is offering discounts of up to 90% on penalties and compounds levied on companies. This is part of CCM’s pre-emptive action for 2020.

Under this campaign,

discounts are only off...

9 Oct 2019

According to the Companies Commission of Malaysia (CCM),

the current registration numbers of all business entities will be replaced by the new 12 digit registration number format effective from 11 October 2019.

 For guidance, please read the attached Fre...

30 Jul 2019

The Inland Revenue Board (IRB) has received 486,360 cases of voluntarily tax declaration under the SPVD programme.

The deadline for this programme is ending on 30 September 2019. To avoid future scrutiny, taxpayers are urged to take this opportunity to d...

18 Jul 2019

Income Tax (Restriction on Deductibility of Interest) Rules 2019 which

is also known as earning stripping rules (ESR) has

been gazetted on 28 June 2019.

*Similar restrictions

are called “Thin Capitalisation Rules” in some countries.

Purpose of these rules


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